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Why do companies have shareholders?

Shareholders are individuals or institutions who own a portion of a company, giving them a say in its direction and a share in its profits. O'Leary made his comments before a yearly meeting with Ryanair shareholders. This suggests he might have been trying to project a strong, confident image to those who own the company, perhaps to reassure them about his leadership or the company's strategy.

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Ryanair boss Michael O'Leary defends calling rival airlines "high-fare rapists"

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